The Bowery
Sherwood Close, Ealing, W13 9FQ
Prices From
£ 129,500
1, 2 & 3 bedroom apartments
Contact us on: 02380 820121
Overview
This is a great opportunity to buy into the spirit of a revitalised neighbourhood that’s really going places, thanks in part to the forthcoming Crossrail connections from West Ealing and Ealing Broadway.
All the elements are in place for establishing a new community at The Bowery. It will have a car club, landscaped gardens, with potential space for meetings, events and work. Your new home will be built and finished to Latimer’s impeccable standards, with a balcony or juliet balcony. A beautiful modern apartment you’ll be delighted to have as your first home. These are exciting times for West Ealing, and you can join in at The Bowery.
Just a five minute walk away, Ealing Broadway provides you with all of your essentials. Take your pick of grocery stores plus dozens of local businesses. If you prefer to venture further, Ealing Broadway centre is easily reached by car, or bus.
Ealing is one of the greenest boroughs in London. Two of its best parks are very near The Bowery. The building also overlooks Deans Gardens, a walk-through open space with several play areas.
The long-awaited Crossrail service is scheduled to start operations from Ealing Broadway station in summer 2022. The new trains will give much faster journey times into central London and out to Heathrow Airport, and Crossrail is predicted to give a boost in property values to almost every area it serves.
West Ealing station can easily be reached by foot from The Bowery or you can get to Ealing Broadway by bus or by catching the train one station away at West Ealing. As well as Crossrail, Ealing Broadway has the District and Central Line Lines, and National Rail services to Paddington. Drivers have some good local connections too, with the A406 North Circular, M4 and A40 all less than 3 miles away.
ELIGIBILITY
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At The Bowery you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change.
**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.
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